DVB Bank finances port projects in Finland and Russia

DVB Bank has closed a € 71m investment project with new Irish port operator, Multi-Link Terminals Ltd (MLT). The transaction relates to MLTs container terminal operations in Helsinki and Kotka in Finland and Litke Bay on Kotlin Island near St Petersburg. The current capacity of the Helsinki container terminal is 230,000TEUs per year. Kotka has only recently commenced operations, while the capacity of the Litke Bay terminal is 75,000TEUs per year.